Arcadia Investment Management Corp MI Cuts Position in iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP)

Arcadia Investment Management Corp MI lowered its position in shares of iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) by 55.2% in the fourth quarter, Holdings Channel reports. The firm owned 345 shares of the company’s stock after selling 425 shares during the period. Arcadia Investment Management Corp MI’s holdings in iShares 0-5 Year TIPS Bond ETF were worth $34,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of STIP. Verdence Capital Advisors LLC raised its position in iShares 0-5 Year TIPS Bond ETF by 14.5% in the third quarter. Verdence Capital Advisors LLC now owns 3,009 shares of the company’s stock valued at $292,000 after purchasing an additional 380 shares during the period. Financial Advocates Investment Management raised its holdings in shares of iShares 0-5 Year TIPS Bond ETF by 1.3% during the 3rd quarter. Financial Advocates Investment Management now owns 24,337 shares of the company’s stock valued at $2,359,000 after buying an additional 317 shares during the period. Assetmark Inc. lifted its position in iShares 0-5 Year TIPS Bond ETF by 2,594.8% during the 3rd quarter. Assetmark Inc. now owns 4,635 shares of the company’s stock worth $449,000 after acquiring an additional 4,463 shares in the last quarter. Equita Financial Network Inc. purchased a new position in iShares 0-5 Year TIPS Bond ETF in the 3rd quarter worth approximately $3,728,000. Finally, Perigon Wealth Management LLC grew its position in iShares 0-5 Year TIPS Bond ETF by 23.8% in the third quarter. Perigon Wealth Management LLC now owns 25,019 shares of the company’s stock valued at $2,425,000 after acquiring an additional 4,817 shares in the last quarter.

iShares 0-5 Year TIPS Bond ETF Trading Up 0.2 %

Shares of NYSEARCA STIP traded up $0.17 during trading on Thursday, reaching $99.18. 1,249,578 shares of the stock were exchanged, compared to its average volume of 545,355. The business’s 50-day moving average price is $99.21 and its 200 day moving average price is $98.50. iShares 0-5 Year TIPS Bond ETF has a twelve month low of $96.27 and a twelve month high of $99.52.

iShares 0-5 Year TIPS Bond ETF Company Profile

The iShares 0-5 Year TIPS Bond ETF (STIP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of US Treasury Inflation-Protected Securities (TIPS) with a remaining maturity of less than 5 years. STIP was launched on Dec 1, 2010 and is managed by BlackRock.